Construction firm Carillion’s collapse was inevitable because it was operating an unsustainable business model, an inquiry by MPs has concluded.
The joint inquiry into the company’s collapse by the House of Commons business, energy and industry strategy, and work and pensions--committees concludes: “Carillion’s business model was an unsustainable dash for cash. The mystery is not that it collapsed, but how it kept going for so long.
Carillion was involved in...
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